Taxi tycoon Madoda Joe “Ferrari” Sibanyoni and his co-accused, Daniel Masilela, Philemon Msiza and Bafana Sindane, appeared in the Delmas Magistrates’ Court on Tuesday on charges of extortion and money laundering.
National Prosecuting Authority spokesperson Kaizer Kganyago said all four accused, including an entity belonging to Sibanyoni, who is accused number one, informed the court of their intention to request further particulars from the State.
“The State is expected to be served with the request on 4 September 2026 and will respond in October,” said Kganyago.
He said the matter was postponed to 20 October 2026.
Bail for the accused was extended, subject to the existing bail conditions.
The accused were arrested after the State alleged that they targeted an unnamed Mpumalanga mining entrepreneur and business owner at a mine in Kwaggafontein.
The State alleges that the group coerced the businessman into paying more than R2.2 million in unlawful “protection fees” over a period spanning 2022 to 2025.
It is further alleged that the group threatened to shut down the businessman’s operations if he failed to make the payments.
The State has also instituted two counts of money laundering, alleging that the extorted money was processed through illegal financial channels in an attempt to disguise its alleged criminal origins.
The accused deny the allegations.
They are currently out on R70,000 bail each after the matter was transferred from Kwaggafontein and re-enrolled at the Delmas Magistrates’ Court.
